Company / Interest Expense
Graco Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$5.2M
FY2023
5-year range
$5.2M / $13.1M
FY2019-FY2023
Trend
-47.5%
vs FY2022
Sector context
#86 of 111
Industrials
What the data says
Graco Inc.'s interest expense of $5M is lower than 77% of companies in the Industrials sector (FY2023). Interest Expense has declined for 5 consecutive years, from $18M in FY2018 to $5M in FY2023.
Based on SEC 10-K filings.
$5M in FY2023 with a 5-year CAGR of -21.7%.
Improved from $13M to $5M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -28.8%
- 5-Year CAGR
- -21.7%
- 10-Year CAGR
- -
Sector benchmark
Top 23% in IndustrialsTop 23% of 111This company $5.2M Sector average $108.8M
▼
-95.2% below sector average
Key checks
Key Insights
- Graco Inc.'s interest expense has declined for 5 consecutive years.
- 5-year CAGR of -21.7%, indicating a declining trend.
- In FY2023, interest expense decreased 47.5% year-over-year.
- Ranks #86 out of 111 companies in the Industrials sector.
Company context
Key Data Points
- Altman Z-Score 3.67 (safe zone, above 2.9 threshold)
- Strong profit margin: 22.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $5.2M | -47.5% |
| FY2022 | $9.9M | -24.5% |
| FY2021 | $13.1M | -8.9% |
| FY2020 | $14.4M | -11.2% |
| FY2019 | $16.2M | -7.9% |
| FY2018 | $17.6M | +8.6% |
| FY2017 | $16.2M | -7.9% |
| FY2016 | $17.6M | -0.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026